IFFIm governance

The GAVI Secretariat provides support to two independent boards of directors: the IFFIm Board and the GAVI Fund Affiliate Board, which act on behalf of the two entities created to make IFFIm operational. The IFFIm Board is responsible for the management of the International Finance Facility for Immunisation Company (IFFIm), registered as a UK Charity with number 1115413.

Current IFFIm Board membership

 

Alan R. Gillespie, CBE (Chair)
Michèle Boccoz
John Cummins
Dayanath Chandrajith Jayasuriya
Arunma Oteh

Functions of the IFFIm Board

The IFFIm Board:

• Reviews and approves requests for funding from IFFIm, submitted by the GAVI Fund Affiliate Board, taking the following factors into consideration:
  • that the request is materially complete, and is in accordance with the GAVI strategic objectives and programme principles;
  • the ability of IFFIm to raise funds necessary to meet the request, given market conditions and other factors;
  • the funding, liquidity and other operating strategies approved by the IFFIm Board following consultation with the Treasury Manager;
  • any additional requirements specified in the various documentation to which IFFIm is a party.

IFFIm Board meetings

In principle, the IFFIm Board intends to meet in person on a quarterly basis, and by telephone, as needed. Meeting agendas are prepared by the Board Chair, through consultation with the Treasury Manager, IFFIm’s legal counsel, and other advisers.